Posted on 05/23/2014 7:53:43 AM PDT by Oldeconomybuyer
... President Obamas Affordable Care Act gives private insurers control of the market through 2016, but Vermont lawmakers have voted to adopt a single-payer system as soon as that federal mandate expires. If state officials can devise a viable financing planand keep all the critical stakeholders onboardthe transformation could come as soon as 2017.
The advent of Obamacare was an epochal achievement, to be sure, but it leaves commercial insurers a dominant role, bets on market forces to control spiraling costs, and keeps large employers in charge of most peoples health care. Beyond the small subset of Americans (about 7% of those under 65) who buy insurance on the individual market, Obamacare simply preserves the status quo.
So four years ago, Vermont elected Democratic Gov. Peter Shumlin to pursue a bolder alternative.
(Excerpt) Read more at msnbc.com ...
* Snicker*
I absolutely support this.
Vermont will go broke within two years. It will serve as a valuable lesson to all of the other LIV’s out there.
Better this experiment happen in a state with less than 700,000 people than in, say, California.
In Hawaii's case, I can sort of understand it was because they have a mild climate which is a magnet for slackards. But Vermont basically has a nice climate only during the summer unless you are a ski bum. So they aren't exactly overrun with slackards of the non-white variety.
If they can't make single payer work here, they can't make it work anywhere.
Why do you think lefties will face reality? When it goes bankrupt, funds will be pulled from other tax revenues, taxes will be raised, and then all else fails, Shumlin will cry that one state can’t go it alone, the plan needs to go nationwide. “Yes, we’re losing money on every customer but we’ll make it up in volume!”
States, unlike Fedzilla, can’t print their own money. They WILL go broke within a couple of years. When they try and yank money away from Support for the Arts and Public Schools to shore it up, all Hades is gonna break loose.
“Vermont will go broke within two years. It will serve as a valuable lesson to all of the other LIVs out there.”
Except the Feds will bail ‘em out. That’s the current lesson to all failing Americans.
Note to author. Do you have Obamacare? No? Then STFU
Single payer has been their goal all along. It’s all about incrementalism.
You might be right. You must agree that lefists refuse to acknowledge reality though.
Citizen’s Council for Health Freedom
http://www.cchfreedom.org/
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